timothysykes

-$312 loss KODK Long Stock

Entry comments: I bought this recent Supernova into the market close for a gap up/morning spike tomorrow as its heating up late day up to the 7.20s and now is coming down a bit ans this strength could signal further spiking since this one can really run more than you think, small position though due to the overall market risk, but I like this solid first green day after a big multi-day consolidation

Exit comments: Not gap up, no morning spike, overall bad market, rule #1 cut losses quickly, small loss, acceptable

Received 11 Karmas
KG37
KG37 Feb 16, 18 9:22 AM

@Bairo @ddq2645 MBRX issued 4.29 million shares of common stock at a purchase price of $2.10 per share. That was definitely the reason for the drop. Stock price usually drops to that issue price after this type of news is announced.

lanatrader
lanatrader Feb 16, 18 11:19 AM

Anyone here has an alliance trading account ? comments

Bairo
Bairo Feb 16, 18 11:41 AM

Thanks for replying guys. It was kind a hard to cut losses quick after gap down but hey its a part of the game.

Alann
Alann Feb 16, 18 2:08 PM

ADAPT

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KG37

[TimAlerts] For MJMI, is that current price accurate do you think?? Etrade shows it closed at .245 but then jumped all the way up to .569 just curious since my wifi is spotty

KG37

[TimAlerts] would anyone be holding XCOM o/n? already down half from the top on this new dip. I missed what happened to this though

KG37

[TimAlerts] had problems with etrade... processed a trade like 5 or 10 min after I cancelled $AMDA. just got off the phone and all they said was they will submit an inquiry to see if they can reverse it

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